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Comment for Proposed Rule 75 FR 3281

  • From: Warren Smith
    Organization(s):

    Comment No: 3257
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03257
    From:
    Sent:
    To:
    Subject:
    Attach:
    [email protected]
    Saturday, January 23, 2010 12:59 PM
    secretary
    Public Submission for 2010-00456
    Public Submission for 2010-00456.zip
    Please refer to the attached file.Please Do Not Reply This Email.
    Public Comments on Regulation of Off-Exchange Retail Foreign Exchange Transactions and
    Intermediaries:
    Title: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries
    FR Document Number: 2010-00456
    Legacy Document ID:
    RIN: null
    Publish Date: Wed Jan 20 00:00:00 EST 2010
    Submitter Info:
    first name Warren
    last name Smith
    address1 2644 Stoney Creek Rd
    city Oakland
    country United States
    us state MI
    zip 48363
    company n/a
    I am requesting you do NOT change the leverage FOREX brokers are now using (100-1)
    down to 10-1.
    I am now trading a small account and this downward push to 10-1 will devistate my account
    and many others.
    Some of us trade for a living and what you are proposing is just wrong.